All Forum Posts by: Bola A.

Hello BP, I am approved to buy, I started looking at homes with my agent, to my surprise, I am not sure I really know what to look for when I am inside these homes, I am reaching out to you all to help me with things I should be looking at, I will also appreciate it if anyone have a list of things to be checking for. Thanks a lot.

1 Vote

Hello All, My tenantand I agreed on month to month, how much more should I charge for the month to month ? Thanks.

0 Votes

Originally posted by @Joshua D.:

@Bola A.

We just locked in at 5.5, 30year fixed, Conventional, non owner occupied, 2 unit.

Hope that helps

Thanks the loan is not locked since I don't have a property yet, it is 5.7, 30 years fixed , conventional once I have a property.

0 Votes

Originally posted by @Dylan B.:

@Bola A. Are you getting that interest rate from a bank, Private money lender, or Hard money lender? I feel that it all depends on who you are getting the loan from. Also the type of loan is a big determining factor, i.e. FHA, conventional, VA, commercial?

If you are going with a traditional bank, your best bet is a smaller regional bank.

Thank you for your time. I am getting the loan from a broker nrl mortgage. It is a 30 years conventional loan.

0 Votes

@Brian Garlington Oh my God!

0 Votes

Hello all, I will like to know if 5.7 interest rate competitive? How should I go about shopping around for better rate? Thanks.

0 Votes

I can help it but laughed so hard.

0 Votes

do you have your real estate license?

0 Votes

Wow! I am so sorry for what you are going through. I could not close mouth while reading this. I wish many people will be posting their experiences like this.

1 Vote

With this kind of seriousness and focus, use that 12k to start building your portfolio. Nothing is new under the saw, it is all a Google away. Good luck.

0 Votes

All Forum Posts by: Bola A.

Bola A. has started 39 posts and replied 133 times.

Post: What to look for when looking at a house

Post: Month to month lease

Post: What is good interest rate these days?

Post: What is good interest rate these days?

Post: Tenant sees a ghost. What should my response be?

Post: What is good interest rate these days?

Post: Tenant sees a ghost. What should my response be?

Post: 0-14 Doors in 16 Months!

Post: Turnkey Nightmare with Morris Invest - Indianapolis

Post: Should I pay for a one-on-one mentor?